Report [of] the Joint Committee of the Senate And House of Representatives of the Commonwealth of Pennsylvania to Consider And Report Upon a Revision of the Corporation And Revenue Laws of the Commonwealth to the Legislature. Pursuant to Joint Resolution

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9. The failure to make any report required by this Act shall subject the person, firm, corporation, limited partnership or partner- ship association so failing to a penalty of fifty dollars a day for each day such failure continues, to be recovered by the Commonwealth.
The failure to pay to the State Treasurer any such deposit of money or dividend or interest or principal of any bond, note, certificate, or all or any other kind of indebtedness of such corporation, limited 221 partnership or par
...tnership association upon demand shall render the person, firm, corporation, limited partnership or partnership associa- tion so refusing liable to an action by the Commonwealth to recover such deposit with interest at 12 per centum per annum.
Sect. 10. Nothing in this Act shall be construed to prevent the escheat of property to the Commonwealth in the way otherwise pro- vided by law for lack of next of kin or a known owner.
Sect. 11. All the Acts or parts of Acts inconsistent with the pro- visions of this Act be, and the same are, hereby repealed.


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